Is Atmos Energy Corporation (ATO) a Stock to Watch After Gaining 1.46% This Week?

Atmos Energy Corporation (ATO) stock has risen 1.46% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Atmos Energy Corporation has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ATO!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With ATO Stock Today?

Atmos Energy Corporation (ATO) stock is trading at $118.54 as of 2:17 PM on Thursday, Mar 28, a rise of $0.27, or 0.23% from the previous closing price of $118.27. Volume today is 708,624 compared to average volume of 912,619. The stock has traded between $117.89 and $118.96 so far today.

More About Atmos Energy Corporation

Atmos Energy is the largest publicly traded, fully regulated, pure-play natural gas utility in the United States, serving more than 3 million customers in Texas, Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Virginia. About 70% of its earnings come from Texas, where it distributes natural gas in northern Texas and owns an intrastate gas pipeline spanning several key shale gas formations and interconnected with five storage facilities. Click Here to get the full Stock Report for Atmos Energy Corporation stock.